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On Jan. 14, 2016, $ZTS announced a share purchase agreement with Yung Shin Pharmaceutical Industrial Co. Ltd., to divest its 55% ownership share of the Taiwan joint venture, including the manufacturing site in Hsinchu, Taiwan. Under the agreement, $ZTS will receive approx. $13MM in cash. The deal is expected to be completed in 2Q16.
$YHOO is reporting today after market close. Nobody cares about this stock.